FIRST TRADE: Sensex up over 100 pts; Nifty above 19,500; Aurobindo Pharma rises over 4%

Stock market today: The domestic equity indices Sensex and Nifty edged higher on Friday, September 29, tracking gains in Asian peers as global markets stabilised from a recent sell-off, while crude prices eased from 10-month highs.

Last seen, the S&P BSE Sensex was up 178.23 points, or 0.27 per cent, at 65,686.55, and the NSE Nifty was up 65.55 points, or 0.34 per cent, at 19,589.1.

In the broader market, the Nifty Mid Cap 100 and Small Cap 100 opened on a positive note.

Nifty Bank was up 0.29 per cent at 44,428.

BUZZING STOCKS 

Emami shares were up over 2 per cent after the company announced the acquisition of a 26 per cent stake in Axiom Ayurveda.

Godrej Properties shares were up over 2 per cent after the company acquired 109 acres of land in Nagpur.

Glenmark Pharma shares were up nearly 2 per cent after S&P changed the company's outlook from stable to positive. 

Conversely, Nifty IT traded 0.33 per cent lower after Accenture reported weak results.

MCX shares were down over 7 per cent as SEBI postponed the trading shift to a new platform.

Cholamandalam Investment shares were down over 1 per cent after the company launched its QIP.

Adani Green Energy shares were also down over 1 per cent after Holding Company (IHC) said it will dispose of its investment in India's Adani Green Energy and Adani Energy Solutions.

Quick Heal Technologies shares were down over 2 per cent after multiple block deals. 

GLOBAL MARKETS

Wall Street's main indexes ended higher on Thursday as investors assessed the latest batch of economic data and as a surge in Treasury yields stalled ahead of a key inflation report. Investors were also watching developments in Washington to see whether US lawmakers could avert a government shutdown. The recent move in Treasury yields to 16-year highs has loomed over the stock market, which has pulled back after the Federal Reserve last week signaled a hawkish long-term outlook for interest rates.

(With agency inputs)

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